Adams Wholesale Southern Group Ltd

Adams Wholesale Southern Group Ltd, based in Worthing, UK, is a small holding company with an active status. Founded twelve years ago in 2013, it employs just one person and holds assets valued at £2,545,119. The company has two directors and one owner, boasts a real address, and maintains a respectable Google rating of 4.0 based on 38 reviews. It's an irregular importer, primarily dealing with prepared or preserved plant-based foods, with just one month of import activity recorded as of November 2024.

The company operates within the wholesale of fruit and vegetables industries, and its website, though not available for direct analysis, suggests a focus on distribution and supply chain management. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Adams Wholesale Southern Group Ltd presents a mixed picture. Current assets increased by 15% to £2,500,000, while net assets grew by 19% to £2,200,000. Trade debtors saw a significant jump, ballooning by 120% to £1,300,000, which could indicate increased sales but also potential collection challenges. Creditors decreased by 75% to £36,000, suggesting improved debt management. Cash reserves fell 100% to just £10, and bank borrowings increased by 1500% to £1500. The company’s small size allows for agility, but the decline in cash and the rise in debtors warrant close attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

The company’s irregular import activity, coupled with the fluctuating financial metrics, suggests a business navigating a dynamic market. While the asset base remains substantial, the need to manage cash flow and collections will be crucial for sustained success.

Registered in England/Wales under the registration number 08448234, with a registered address at BN11 2RZ, England, Worthing, West Sussex, Unit 1 Silverdale, Meadow Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.